Currencies | Questions over dollar peg will fade, says FX strategist

A foreign-exchange strategist has said that talk of Hong Kong abandoning its currency peg to the U.S. dollar missed the broader point: the economic rise of China will one day

Agnes Lam urges clarity on LRT plan for bridge

Lawmaker Agnes Lam has inquired about the government’s plan to swap the lanes on the Sai Van Bridge underpass. Lam asks the government to provide more data to support its conclusion

Grant Bowie confident local companies will resist recession

Following the warning that Macau’s economic recession will continue into the third quarter of 2019, MGM China is confident that local companies are better prepared than they were in 2014

Nearly 1,200 MGM employees honored in ceremony

Nearly 1,200 MGM employees graduated from the gaming operator’s talent development programs yesterday at MGM Cotai. The development programs are across three major categories. First, Local Leadership Development – “PRIDE Program”.

Hong Kong | In leaderless movement, officials don’t know who to negotiate with

As a top adviser to Hong Kong’s government, Bernard Chan is searching for any protester who can strike a deal to end more than three months of unrest. In lunches with

CRIME | Police catch illegal driver using surveillance cameras

The Public Security Police Force (PSP) confirmed the occurrence of a serious car accident involving four people in their twenties, one of whom was severely injured, in Coloane early yesterday

Higher education | Enrollment of local students has dropped 30% in past six years

Macau students admitted to local universities and institutes recorded a decline of 6.8% in the 2018/19 academic year when compared to the intake a year earlier, according to the latest

Charge for plastic bags set at one pataca each

The expected one- pataca fee for plastic bags was announced yesterday in a Chief Executive order published in the government’s Official Gazette. The order was signed on September 2. According to

Lionel Leong warns economic headwinds to persist into Q3

Macau will continue to face economic headwinds into the third quarter, warned the Secretary for Economy and Finance yesterday, following dual revelations in past weeks that August gross gaming revenue

Hong Kong students form protest chains

Thousands of students formed human chains outside schools across Hong Kong yesterday to show solidarity after violent weekend clashes between police and activists pushing for democratic reforms in the semiautonomous

Alibaba’s chief talks strategy and his fondness for NBA ‘killer’

Today, Daniel Zhang, a little-known former accountant, will take over the chairman’s role at Alibaba Group Holding Ltd. from Jack Ma, the country’s most famous businessman. A full story on him and

MUST Medical School welcomes inaugural student cohort

The Faculty of Medicine of the Macau University of Science and Technology (MUST) will begin teaching its Bachelor of Medicine, Bachelor of Surgery (MBBS) degree this academic year, becoming the

Education authority wants to nurture critical thinking in schools

The Education and Youth Affairs Bureau (DSEJ) aims to develop “critical thinking” in local schools and is against the idea of teachers bringing any “ideology” into schools, DSEJ director Lou

Aviation | Macau route approved for new Taiwan airline

Starlux Airlines, a new airline based in Taiwan, has received the green light to operate flights between Macau and the island. Its maiden flight is expected to be on January 23

Pansy Ho expected to defend Hong Kong at UN

Macau tycoon Pansy Ho will deliver a speech tomorrow at the United Nations (UN), defending the way the Hong Kong SAR has handled the protests. Ho, who will represent the Hong

Marchers ask Trump to ‘liberate’ Hong Kong, as clashes erupt

Thousands of demonstrators in Hong Kong urged President Donald Trump to “liberate” the semiautonomous Chinese territory during a peaceful march to the U.S. Consulate yesterday, but violence broke out later

Bali beaches, Thai temples go quiet as Chinese stay at home

  From quiet beaches in Bali to empty rooms in Hanoi’s hotels, pangs from China’s economic malaise and weakening yuan are being felt across Southeast Asia’s vacation belt. A boom in Chinese

Macau University of Science and Technology | Lunar and Planetary Sciences SKL targets world-class ranking in 5 years

The director of the Macau University of Science and Technology’s (MUST) State Key Laboratory of Lunar and Planetary Sciences says that the research lab is on its way to becoming

Palace Casino replica almost finished

Construction of the replica of the famous floating casino, the Macau Palace, appears to be nearing completion, as the Times observed from the outside of the Lisboeta Resort site that

Macau Grand Prix | BMW ready to defend GT World Cup Title this November

BMW Motorsport has announced the drivers lineup for the Guia Circuit in November to defend the title they won last year at the FIA GT World Cup in Macau. A short

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